Description of the underlying ETF
The following breakdown is provided by BlackRock, the investment manager of the ETF.
The BlackRock iShares $ Treasury Bond 0-1 yr UCITS ETF seeks to track the investment results of an index composed of U.S. Dollar denominated government bonds issued by the U.S. Treasury, with remaining maturities between zero and one year.
BlackRock iShares $ Treasury Bond 0-1yr UCITS ETF as of 30 June 2023:
| Net Assets of Fund | USD 10,279,940,770 |
| NAV | US$105.35 |
| Weighted Average YTM | 5.22% |
| Weighted Average Maturity | 0.33 |
| Fund Manager | BlackRock Asset Management |
| Administrator | State Street |
| Custodian | State Street |
| Exposure | Treasury: 42.55% Cash and/or derivatives: 57.45% |
Source: https://www.ishares.com/uk/individual/en/products/307243/ishares-treasury-bond-0-1yr-ucits-etf